<div>
  <ul>
    <li>
      <p>
        C-Zero Inc., a startup converting natural gas into hydrogen and solid carbon, has raised USD 34 million in a funding round led by SK Gas, a subsidiary of South Korea&rsquo;s second-largest conglomerate, the SK Group.&nbsp;
      </p>
    </li>
  </ul>
  <ul>
    <li>
      <p>
        The round brings C-Zero&rsquo;s total funding to USD 45.5 million. The proceeds will be used to build C-Zero&rsquo;s first commercial plant, which can produce 400 kg of clean hydrogen per day. The plant is expected to commence operations from Q1 2023.&nbsp;
      </p>
    </li>
  </ul>
  <ul>
    <li>
      <p>
        New investors Engie New Ventures and Trafigura (one of the world&rsquo;s largest physical commodity trading companies) also participated in the round, along with existing investors Eni Next and Breakthrough Energy Ventures.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.businesswire.com/news/home/20220616005039/en/C-Zero-Closes-34-Million-Financing-Round-Led-by-SK-Gas-to-Build-Pilot-Natural-Gas-Decarbonization-Plant">
      Press release
    </a>
  </p>
  <p>
    <a href="https://www.bloomberg.com/press-releases/2022-06-16/c-zero-closes-34-million-financing-round-led-by-sk-gas-to-build-pilot-natural-gas-decarbonization-plant">
      Bloomberg
    </a>
  </p>
</div>


All Updates

C-Zero raises USD 34 million to build its first plant